Will more rate drops be needed to spur housing and furniture sales?
While this week’s first interest rate decrease in four years is welcome, housing affordability remains a key issue, particularly for younger consumers WASHINGTON, D.C. — …
Category: Featured
Featured stories bring you interesting content from the past few days curated by Home News Now.
August housing completions rise 30.2% over August 2023
Growth in completions and housing starts increase inventory levels as borrowing costs could drop further in light of this week’s first interest rate decrease in …
August furniture store sales fall slightly from August 2023
Year-over-year decrease was the smallest since March 2023, when sales fell 1.8% from a year earlier WASHINGTON, D.C. – Furniture retail sales had their smallest …
Breaking down the Big Lots bankruptcy
They say a single death is a tragedy; multiple deaths are a sanitation problem. Here in the furniture sector, we have what increasingly looks like …
A conversation with Emily McGarvey, Room & Board’s director of sustainability
Exec discusses the many earth-friendly initiatives the retailer has developed over the years, making it a leader in the field among its peers GOLDEN VALLEY, …
Consumers are cash-strapped, so it’s time for retailers to get creative
Any retailer planning on staying in the game realizes that future sales can hold the key to future solvency. According to a new CNBC survey, …
With politics dominating ad spaces, here are some ways retailers can still stand out
Picture me singing the following lines to the tune of Summertime, from Porgy and Bess: Election time, and the ads are quite sleazy Political smackdowns, …
Big Lots reports declines in Q2, 1st-half sales
Retailer slightly narrows net loss during the same periods, while also reporting $556.1 million in debt which its earnings statement described as in “default and …
Labor Day sales highlight challenges, opportunities in different markets
Pockets of strong housing development, relocations help boost fortunes of some retailers HIGH POINT — As expected, Labor Day received mixed reviews from retailers around …
Hooker Furnishings reveals further details on layoffs, cost reductions
Earnings call also offers insights into recent successes including performance at Sunset West, plus first quarterly increase in 2 years at Home Meridian division MARTINSVILLE, …
